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As I wrote. I have a RRCalculator. What it does is converts each RR+Win% to 1:1 Win%. That way you can compare different setups.
If you like I can send it to you.
Baruch
Can you help answer these questions from other members on NexusFi?
Mostly, I use measured moves on the same time/tick frame and fib extensions or projections for taking targets. At times I will use previous highs or lows on the same time/tick frame.
Typically, I will exit if I feel something isn’t working out or behaving correctly. I don’t subscribe to the target or stop method.
I don’t believe in break-even exits because that is usually support or resistance.
I think mechanical exits are better since you can do them consistently. When it comes to discretion, it leaves too much room for emotions or thoughts to cloud judgment, at least when you’re first learning.
I like the "pig get you know what....) so always be on the safe side.
I do Renaissance style: get my 4 ticks and out, do it 10-15 times a day. SL 6 ticks. W/L 7/3.
(they do it 1 tick at a time but many many thousands times a day. Uh well, I was not born as a computer)
